Consumer Prices On the Rise
The rising price of food, gasoline, home heating bills and a wide range of goods and services is costing people an extra $200, $300, $400 a month more than it did a year ago. Are consumers paying the extra amount or cutting back. If they’re cutting back , what are they not buying? That $200 - $400 in reduced monthly spending by tens of millions of households is having a huge impact on the economy.
More Prices increases coming
While consumer prices rose 7% in 2021, wholesale prices increased 9.7%. Those wholesale price increases will find their way into supermarkets, hardware stores, lumber yards, department stores and every other kind of retail outlet in the coming weeks and months. Just as one example, the price of lumber has soared and that's added more than 20,000 to the price of a new home.
What's Happening Where You Live?
Inflation is crushing the average family. Is your local TV news telling you the story? Are they talking to people who can no longer afford the goods and services they routinely bought little more than a year ago? Are they reporting what's happening and why?
I covered the last Great Inflation 40 years ago and have developed a 45 page guide for local TV newsrooms to help them cover what's happening now (see pdf below) They don't have any experience with a story like this. Download the pdf and email it to the News Director (the top executive in the news department) at your local stations.
TV News Reporting Then and Now
Washington, DC
Southern California
Washington, DC
Reporting on major economic news for Channel 7 in Washington, DC back in the 1980s. On this day I was at the White House. Most days I was interviewing and reporting on average Americans about personal finance issues.
New York City
Southern California
Washington, DC
It's 1986 and I'm reporting live from New York on the 100th birthday celebration of the Statue of Liberty. I was picked for the assignment because my grandparents came through Ellis Island in the early 20th century. What a thrill!
Southern California
Southern California
Southern California
I'm retired now and living here to be near the grandkids. But I still love telling a good story. And hard-working, patriotic, never-quit, freedom-loving Americans have great stories that deserve to be told. Let's Roll America
John Spiropoulos Reporting
There's two elements to our reports. One is the catastrophic impact of State and Local edicts that shutdown everyday life in America. Our video reports are about the small business owners and their employees. It's about people not statistics.
The second element of our reports is about the ingenuity and resilience of those who have adapted to the harsh new economic climate of government rules but also the uncertainty that the rules could change at any moment.
- Click on Closing Business at the top of the page to watch the videos we've done about the impact on small business owners and their employees.
- Click on Closing Schools for reports on the impact on students.
- Click on Facts for links to dozens of reports and studies covering The Economy, Small Business, Mental Health, Children, Schools and more.
- Click on Blog to join in our Let's Roll America discussion.
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